What form of ownership should your new enterprise take

Reference no: EM132129974

Discussion: Wilderness Backpacking Expeditions

For this discussion imagine that you and some friends want to start a business to take tourists on wilderness backpacking expeditions. You have to use your own money to start and none of you has a lot of extra money, so you plan to start small. However, if you are successful, you would like to expand into other types of outdoor tours and perhaps even open branches in other locations. Review the section titled Forms of Business Ownership in chapter 5 of the text book. With your fellow classmates discuss and answer the following questions:

• What form of ownership should your new enterprise take, and why?

• What are the advantages and disadvantages of the form of ownership you selected?

Reference no: EM132129974

Questions Cloud

Develop a performance measurement system : Discuss ways in which you would develop a performance measurement system for a firm that purchased a supplier of its intermediate goods.

Identify the five events or people : Five That Mattered Oprah Winfrey says, "Each of us arrives with all we need to feel valued and unique, but slowly that gets chipped away."

Briefly analyse its alignment with firm strategy : Given the situation that faced the company, do you think the board had an appropriate structure and membership -

Discuss the influence of general systems theory : Discuss the influence of General Systems Theory and Darwin's Theory of Evolution on the development of Organizational Information Theory.

What form of ownership should your new enterprise take : For this discussion imagine that you and some friends want to start a business to take tourists on wilderness backpacking expeditions.

Describe the reasons for the lawsuit : Describe the reasons for the lawsuit, the MHSAA Regulation or Policy involved, and the outcome of the case.

In the gap analysis the walk the talk gap : When the customer gets what they expect after they complain, this is an example of. In the gap analysis, the “walk the talk” gap often occurs when:

Write a persuasive academic essay : BCOM101 Business Communication Assessment, Kent Institute. Topic- Social Media is a Positive influence on internal and external business communication

What economic factors would affect a firm desire : What economic factors would affect a firm's desire to enter and exit a market? What are the market signals that would tell a firm that it is profitable.

User Account

All Pages